The drop in the monthly revenue allocations by the Federal Government to the 36 states of the federation has affected the finances and smooth-running of various governments.

Investigations by Saturday Punch showed that the shortfall in revenue allocation to states by the Federation Accounts Allocation Committee which started three months ago, had disrupted payment of salaries, pensions and financing of government projects in many states.

A cross-section of states that spoke with Saturday PUNCH on Thursday, lamented that the shortfall in the allocations and non-disbursement of full allocations as at when due, had reduced the financial capacity of their governments, thus making it impossible for them to execute some vital projects.

While blaming the Nigerian National Petroleum Corporation for not remitting enough revenue to the coffers of the Federal Government, the states urged government to ensure adequate, transparent and accountable revenue remittance by the NNPC.

But as the states lament the toll of the shortage on their administrative efforts, President Goodluck Jonathan has intervened with a view to finding a quick solution to the problem.

Saturday Punch learnt on Thursday that the President had approved a sum of N75bn to be immediately made available to the FAAC to augment revenue shortfall for July.

http://www.punchng.com/news/revenue-crisis-cripples-states/

Did it affect the pay package of our senators too? It's well!